Payday loans in Oklahoma City, Oklahoma | finder.com
Oklahoma City Skyline

Payday loans in Oklahoma City, Oklahoma

We value our editorial independence, basing our comparison results, content and reviews on objective analysis without bias. But we may receive compensation when you click links on our site. Learn more about how we make money from our partners.

Learn about the fees and restrictions around payday lending in Oklahoma City.

Anyone can get in a tight financial spot, and if you have poor credit, a payday loan may be what you need. Before you borrow, it’s important to understand what comes with a short-term loan. Our guide below can help.

Check into Cash Payday Loan

Check into Cash Loans

Check into Cash allows you to directly apply for a payday loan and have your cash when you need it.

  • Min. Loan Amount: $50
  • Loan Term: Varies by state
  • Turnaround Time: 1–2 business days
  • Total Costs: Varies depending on the amount and your state of residency.
  • Must be 18+
  • No security needed
  • Confidential and secure

    What state laws impact lending in Oklahoma City?

    Oklahoma Statutes Title 59 §§ 3101 et seq., the Oklahoma Deferred Deposit Lending Act, dictates how much you can borrow and the terms lenders can give. You can borrow up to $500 for terms lasting between 12 to 45 days, and Oklahoma allows you to have up to two outstanding loans at any given time.

    There are more important laws you should know before you borrow

    The cost of a payday loan in Oklahoma City

    Oklahoma sets the amount a lender can charge as a financing fee by the amount you borrow. Amounts less than $300 are charged a financing fee of $15 per $100 borrowed. Amounts between $301 to $500 are charged a financing fee of $10 per $100.

    This means a loan of $400 will have a financing fee of $55. That’s $45 for the first $300 and $10 for the last $100. Of course, this amount doesn’t include any database fees or extra charges, so be sure to read the fine print of your contract before you sign.

    A list of online lenders that operate in Oklahoma City

    Rates last updated December 17th, 2018
    Unfortunately, none of the short term loan providers currently offer loans in your state. Learn more about short term loans in your state to find an alternative.
    Name Product Product Description Max. Loan Amount Turnaround Time Requirements
    CashUSA Installment Loans
    A connection service for quick cash loans up to $10,000.
    $10,000
    As early as 1 business day
    Must have a monthly income of $1,000+ after taxes and valid checking account.
    Jora Installment Loans
    Installment loans with repayment terms up to 30 months, depending on your state.
    $2,600
    1–2 days
    Must have an active checking account, regular source of income and email address.
    OppLoans Installment Loans
    Installment loans with competitive rates from a top-rated direct lender.
    $5,000
    1 business day
    Must have direct deposit and meet minimum income requirements
    CashNetUSA Loan
    Apply for a short-term loan with an easy online application and dedicated customer service.
    Varies by state
    1 business day
    You must be a US citizen or permanent resident, be at least 18 years old and have regular income and a bank account.
    LendYou Short-term Loans
    Apply online with this loan-connection service offering unrestricted short-term loans with fast turnaround.
    $15,000
    1 business day
    You must be a US citizen or permanent resident, age 18+ and have a regular income.
    Check into Cash Payday Loan
    With 1,000 branches in 30 states, get $50 to $1,000 in days from this direct lender.
    $1,000
    1–2 business days
    You must be at least 21 and an American citizen and have a bank account, email address and phone number.
    ACE Cash Express Short-term Loans
    Quick payday, installment and title loans with no prepayment penalty and a 72-hour satisfaction guarantee. Funds can be loaded on an ACE Elite™ Visa® Prepaid Debit Card.
    Varies by state
    Generally receive the money the next business day
    Must be 18+ years old, have a steady source of income and a checking or savings account. Must not be a debtor in bankruptcy.

    Compare up to 4 providers

    Benefits to taking out a payday loan

    • Loan cancellation date. If you decide you no longer want your loan, Oklahoma allows you to cancel your loan by 5 p.m on the following business day.
    • Payment plan available. After your third loan in a row, you can pay back your outstanding balance in four installments. However, you will also have to pay a fee of 10%, up to $15.
    • Quick processing times. When you apply online, you can expect to know if you’ve been approved within a few minutes. This means you can get your money faster–as soon as the next business day.

    Elijah's car needed multiple repairs

    Elijah’s car was having trouble getting him to and from work, and after a few months of repairs, his savings had completely dried up. The next repairs were going to cost him nearly $400, which he definitely didn’t have. He’d already maxed his credit card to cover earlier costs, and his bad credit meant he would have a difficult time getting approved for a personal loan.

    Upon the suggestion of his sister, Elijah applied for a $400 payday loan by visiting a local lender’s store. Since he had a decent job, he was approved for the loan. The contract stated that he would have to pay $55.56 as fees, which included a $0.56 database verification fee. Elijah left a postdated check of $455.56 with the lender.

    In two weeks, on the due date, the lender cashed the check. It cleared without any problem. Elijah was able to take care of his car repairs and pay off his loan without being charged any extra fees.

    This is what you’ll need to apply for a payday loan in Oklahoma City

    Before starting an application, you’ll need to have a steady source of income, be at least 18 years old and be a US citizen or permanent resident. Most lenders also require you have a regular checking account if you decide to apply online.

    You’ll have to fill out the application with some of your personal information. This includes

    • Your name, address, email and phone number
    • Your date of birth, Social Security number and your state-issued ID
    • Your employer’s name, address and phone number
    • Your gross monthly income

    Where to find a payday loan in Oklahoma City, Oklahoma

    Storefront locations in Oklahoma City

    • A-1 Loan Company. 331 NW 4th St, Oklahoma City, OK 73102
    • AAA Loan Service. 3401 S Western Ave # B, Oklahoma City, OK 73109
    • ACE Cash Express. 1425 SW 59th St, Oklahoma City, OK 73119
    • Advance America. 838 NW 12th St, Oklahoma City, OK 73160
    • Approved Cash. 7406 S Walker Ave, Oklahoma City, OK 73139
    • Cashland. 3013 SW 29th St, Oklahoma City, OK 73119
    • Check Into Cash. 432 SW 59th St #200, Oklahoma City, OK 73139
    • Check ‘n Go. 12233 N Pennsylvania Ave, Oklahoma City, OK 73120
    • EZ Money Payday & Title Loans. 4408 S Pennsylvania Ave, Oklahoma City, OK 73119
    • National Quik Cash. Britton Square, N May Ave & W Britton Rd, Oklahoma City, OK 73120

    Frequently asked questions

    Was this content helpful to you? No  Yes

    Ask an Expert

    You are about to post a question on finder.com:

    • Do not enter personal information (eg. surname, phone number, bank details) as your question will be made public
    • finder.com is a financial comparison and information service, not a bank or product provider
    • We cannot provide you with personal advice or recommendations
    • Your answer might already be waiting – check previous questions below to see if yours has already been asked

    Finder.com provides guides and information on a range of products and services. Because our content is not financial advice, we suggest talking with a professional before you make any decision.

    By submitting your comment or question, you agree to our Privacy and Cookies Policy and Terms of Use.

    Questions and responses on finder.com are not provided, paid for or otherwise endorsed by any bank or brand. These banks and brands are not responsible for ensuring that comments are answered or accurate.

    US Payday Loans Offers

    Important Information*
    CashNetUSA Loan

    Apply for a short-term loan with an easy online application and dedicated customer service.

    Check into Cash Payday Loan

    With 1,000 branches in 30 states, get $50 to $1,000 in days from this direct lender.

    OppLoans Installment Loans

    Installment loans with competitive rates from a top-rated direct lender.

    LendYou Short-term Loans

    Apply online with this loan-connection service offering unrestricted short-term loans with fast turnaround.

    Go to site